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How do I get a master business license in Ontario?

Leia Doyle

How do I get a master business license in Ontario?

If you do not have a copy of your Master Business Licence and only require the business identification number, we can search your existing business by name to obtain and send you the number by email. Simply scroll down to the second half of the landing page and fill in the single request under Existing Business Search.

How do I change my name on my master business license in Ontario?

UNACCEPTED CHANGES:

  1. Business Name.
  2. Change the Individual from one person to another (should a person get married, we can file the name change with a photocopy of the Driver’s Licence showing the name change)
  3. Change from a Sole Proprietor to a General Partnership/Tradename.

What can I do with my master business license in Ontario?

The Master Business Licence provides the following: The ability to operate a business name within Ontario. To open a Bank account, tax accounts, obtain cheques, business cards. Availability to access wholesale or discounted pricing from supplier. Advertise and promote the business name.

How do I find out if a business name is legal in Ontario?

You can search a business name online using the Enhanced Business Name Search service, at the CPVSB Toronto Public Office, or through any of the three Private-Sector Service Providers under contract with the Ministry of Government and Consumer Services: Cyberbahn.

How do I change my business name to Limited?

Steps towards upgrading a Business Name to a Limited Liability Company

  1. Application Letter. Write an application to the Registrar – General of the Corporate Affairs Commission to upgrade your business name to a Limited Liability Company.
  2. Annual Returns.
  3. Payment of N5,000.00 ($14)
  4. Payment of Stamp Duty.

What is the difference between business name and limited?

Registration: A BN is generally simpler to register and costs less and can have one person as a proprietor or two or more as partners, whereas a Limited company has a minimum of two shareholders, but can appoint directors and managers to operate the company.